McKinsey & Company Gurgaon / Gurugram Senior Associate Salaries by 9 Employees (Updated 2025)

2 - 10 years exp.

₹33.9 Lakhs - ₹63 Lakhs

Avg. annual salary

Monthly In-hand Salary

332% more than the average Senior Associate Salary in Management Consulting Companies for 2 - 10 years of experience

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Salaries in different departments

Data Science & Analytics Senior Associate Salary 2 years exp. (AmbitionBox Estimate)	₹49.1 L/yr - ₹55 L/yr
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Consulting Senior Associate Salary 7 years exp. (AmbitionBox Estimate)	₹33.9 L/yr - ₹57.9 L/yr

Last Updated: 8 Feb 2025

Companies similar to McKinsey & Company for Senior Associate in Gurgaon / Gurugram

McKinsey & Company Senior Associate Salary

2 - 10 years exp. (9 salaries)

₹33.9 L/yr - ₹63 L/yr

Company name	Avg Annual Salary	Open Jobs
PwC Senior Associate Salary 0 - 12 years exp. (1.1k salaries)	₹8 L/yr - ₹31.5 L/yr 64% less	739 job openings
Ernst & Young Senior Associate Salary 0 - 11 years exp. (492 salaries)	₹5.1 L/yr - ₹20 L/yr 77% less	38 job openings
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Bain & Company Senior Associate Salary 1 - 7 years exp. (186 salaries)	₹9.5 L/yr - ₹28 L/yr 60% less
KPMG India Senior Associate Salary 0 - 8 years exp. (114 salaries)	₹8 L/yr - ₹27 L/yr 67% less	1 job opening
RSM US in India Senior Associate Salary 2 - 8 years exp. (91 salaries)	₹7.5 L/yr - ₹22 L/yr 73% less	24 job openings
BCG Senior Associate Salary 0 - 6 years exp. (79 salaries)	₹24 L/yr - ₹50 L/yr 22% less
Deloitte Senior Associate Salary 1 - 9 years exp. (59 salaries)	₹7 L/yr - ₹27 L/yr 69% less	1 job opening
Gerson Lehrman Group Senior Associate Salary 2 - 7 years exp. (26 salaries)	₹7.5 L/yr - ₹16 L/yr 76% less
Alvarez & Marsal Senior Associate Salary 2 - 8 years exp. (25 salaries)	₹16.5 L/yr - ₹34 L/yr 50% less	4 job openings
ZS Senior Associate Salary 1 - 4 years exp. (23 salaries)	₹10.5 L/yr - ₹20 L/yr 73% less
Gartner Senior Associate Salary 2 - 7 years exp. (15 salaries)	₹5 L/yr - ₹10 L/yr 84% less
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Protiviti Senior Associate Salary 2 - 7 years exp. (11 salaries)	₹9 L/yr - ₹15 L/yr 78% less
Mercer Senior Associate Salary 2 - 4 years exp. (10 salaries)	₹2.5 L/yr - ₹8 L/yr 90% less	1 job opening
Kearney Senior Associate Salary 4 - 11 years exp. (9 salaries)	₹40 L/yr - ₹68 L/yr 5% more
Protiviti Consulting Senior Associate Salary 2 - 4 years exp. (4 salaries)	₹8.3 L/yr - ₹12 L/yr 81% less
The Smart Cube Senior Associate Salary 3 - 6 years exp. (3 salaries)	₹6 L/yr - ₹12.5 L/yr 81% less

Senior Associate salary at McKinsey & Company ranges between ₹33.9 Lakhs to ₹63 Lakhs per year for employees with experience between 2 years to 10 years. Salary estimates are based on 9 latest salaries received from various employees of McKinsey & Company.

Experience wise McKinsey & Company Senior Associate salaries in Gurgaon / Gurugram

Last Updated: 8 Feb 2025

Experience	Avg Annual Salary
2 years (AmbitionBox Estimate)	₹42.9 L/yr - ₹54.8 L/yr
3 years (AmbitionBox Estimate)	₹43.8 L/yr - ₹55.9 L/yr
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4 years (AmbitionBox Estimate)	₹44.7 L/yr - ₹57.1 L/yr
5 years (3 salaries)	₹34 L/yr - ₹91 L/yr
6 years (AmbitionBox Estimate)	₹49 L/yr - ₹54.1 L/yr
7 years (AmbitionBox Estimate)	₹49.9 L/yr - ₹55.1 L/yr
8 years (AmbitionBox Estimate)	₹50.8 L/yr - ₹56.2 L/yr
9 years (AmbitionBox Estimate)	₹51.7 L/yr - ₹57.2 L/yr
10 years (AmbitionBox Estimate)	₹52.6 L/yr - ₹58.2 L/yr

View all

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Salary related reviews for McKinsey & Company

3.6

Rated by 3 employees for salary & benefits

Junior Associate in Mumbai

Full Time

Consulting Department

1.0

• posted on 09 Jun 2024

5.0

for Salary and Benefits

Likes

Good salary and benefits, specifically for the consulting path

Salary - Excellent

Dislikes

Up or out culture where progression depends on having “sponsors” within the Firm who are willing to staff you; in fact, there is no other way to get staffed on projects except finding these sponsors since there are so few projects (most are lost to BCG, some never come due to deteriorating quality)

Job security - Bad

+4 more

Manager in New Delhi

Full Time

Finance & Accounting Department

2.0

• posted on 26 Mar 2024

5.0

for Salary and Benefits

Likes

Pay and benefits

Salary - Excellent

Dislikes

Disgusting work culture. Too much politics at mid to senior level. You need to gang up to survive in this company. There is a condescending attitude towards new hires. They firmly believe that they are doing a favour to you by hiring you. They even cut your designation when hiring to prove as if they are some sort of God. The environment is like the movie Hunger games. If you don’t have support of the big group or some senior partner, even the smallest mistake will be viewed very harshly and rudely. They will create a situation where you will be compelled to resign. Everyone is in survival mode to protect the “partner compensation” during this current global economic situation. They will not bat an eye to give a poor rating to highly capable and highly experienced people on some silly excuse. Then they will claim that the person didn’t meet the performance standards. The entire 360 degree review system here is a facade. It can be manipulated to save you hide or send you to the gallows.

Skill development - Bad

+5 more

Financial Associate in Chennai

Full Time

Finance & Accounting Department

5.0

• posted on 24 Aug 2023

4.0

for Salary and Benefits

Likes

...re is impressive. And you can work in a very flexible setup. It is hybrid model. Free meal pass is provided every month apart from salary.cab pick up and drop available. Colleagues are fun and supportive.

Salary - Good

+6 more

Dislikes

Very competitive environment. Need to upgrade your skills to survive. Hike percentage is low on yearly basis.

Business Presentation Specialist in Bangalore / Bengaluru

Full Time

Customer Success, Service & Operations Department

2.0

• posted on 07 Jan 2023

2.0

for Salary and Benefits

Likes

desk job. good start for a fresher

Job security - Good

Dislikes

...ality its a biased place. those who the manager likes will move to better roles. salary and Hike is less when compared to same profiles on other companies

Salary - Poor

+4 more

Senior Process Associate in Bangalore / Bengaluru

Full Time

Finance & Accounting Department

5.0

• posted on 18 Feb 2022

2.0

for Salary and Benefits

Likes

We do have job security and opportunities to learn

Skill development - Good

+2 more

Dislikes

...was just done as formality. Its more like a monopoly and leads are very partial. Compensation is way below the market standards.

Salary - Poor

+2 more

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Salary Discussions, Hike & Promotions

My current CTC is ₹7,80,660, which includes a ₹1,32,000 night shift allowance, and my monthly take-home pay is ₹72,133. I have received a new job offer with a CTC of ₹10,67,231, a monthly take-home pay of ₹83,333, and 192 restricted stock units (each valued at $60, vesting 25% after one year and quarterly thereafter). This new position is closer to my home and does not involve night shifts. The offer letter is attached. I have also requested a ₹95,000 monthly salary increase and am awaiting their response. Could someone advise me on whether I should accept the new offer or remain in my current role?

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McKinsey & Company Senior Associate Salary FAQs

What is the salary of Senior Associate at McKinsey & Company in Gurgaon / Gurugram?

The average salary of a Senior Associate at McKinsey & Company in Gurgaon / Gurugram typically ranges from ₹33.9 Lakhs to ₹63.0 Lakhs per year, depending on experience (from 2 years to 10 years).

The top 10% of Senior Associate in Gurgaon / Gurugram at McKinsey & Company earn more than ₹61.8 Lakhs per year, and the top 1% earn over ₹63.0 Lakhs per year. Senior Associate Salaries at McKinsey & Company can be higher or lower depending on factors such as the specific team, level of experience, and additional benefits like bonuses and stock options.

These estimates are based on salary data submitted by 9 McKinsey & Company employees in India.

What is the estimated take home salary of a Senior Associate at McKinsey & Company in Gurgaon / Gurugram?

The estimated take-home salary of a Senior Associate at McKinsey & Company in Gurgaon / Gurugram typically ranges from ₹2,97,966 to ₹3,09,677 per month. This is based on the average salary range of ₹33.9 Lakhs to ₹63.0 Lakhs per year for employees with experience ranging from 2 years to 10 years.The take-home salary is calculated after accounting for standard deductions such as taxes, provident fund (PF), and insurance. Salary estimates are based on 9 salaries received from various employees of McKinsey & Company. Check how we calculate in-hand salary with our in-hand salary calculator.

Which companies offer higher salaries than McKinsey & Company for Senior Associate in India?

Kearney

₹40.0 Lakhs to ₹68.0 Lakhs per year

These companies are known for offering competitive compensation packages that can exceed the salary offered by McKinsey & Company, depending on the role and experience level.

What is the salary of a Senior Associate in companies similar to McKinsey & Company in Gurgaon / Gurugram?

The salary of a Senior Associate at companies similar to McKinsey & Company in Gurgaon / Gurugram varies, depending on the role, experience, and company size. Here are the typical salary ranges:

BCG	₹24.0 Lakhs to ₹50.0 Lakhs per year
Alvarez & Marsal	₹16.5 Lakhs to ₹34.0 Lakhs per year
Bain & Company	₹9.5 Lakhs to ₹28.0 Lakhs per year
PwC	₹8.0 Lakhs to ₹31.5 Lakhs per year
KPMG India	₹8.0 Lakhs to ₹27.0 Lakhs per year

These companies, which operate in similar sectors, offer competitive salaries, although the range can vary based on the company and individual experience levels.

How the salary growth look like for a Senior Associate at McKinsey & Company in Gurgaon / Gurugram?

The salary growth for a Senior Associate at McKinsey & Company in Gurgaon / Gurugram depends on factors such as experience, performance, and promotions. On average, a Senior Associate in Gurgaon / Gurugram can expect the following growth trajectory at McKinsey & Company:

Experience	Average Salary Range
2 years	₹42.9 Lakhs to ₹54.8 Lakhs per year
3 years	₹43.8 Lakhs to ₹55.9 Lakhs per year
4 years	₹44.7 Lakhs to ₹57.1 Lakhs per year
5 years	₹34.0 Lakhs to ₹91.0 Lakhs per year

and so on.

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McKinsey & Company Senior Associate Salaries in Gurgaon / Gurugram

McKinsey & Company Senior Associate salary in Gurgaon / Gurugram ranges between ₹33.9 Lakhs to ₹63 Lakhs with an average annual salary of ₹. Salary estimates are based on 9 McKinsey & Company latest salaries received from various employees of McKinsey & Company.

McKinsey & Company Senior Associate salaries in Gurgaon / Gurugram (Updated 2025)

Companies similar to McKinsey & Company for Senior Associate in Gurgaon / Gurugram

Latest annual salaries shared by McKinsey & Company Senior Associate in Gurgaon / Gurugram

Experience wise McKinsey & Company Senior Associate salaries in Gurgaon / Gurugram

Similar Designation salaries in McKinsey & Company

Salary related reviews for McKinsey & Company

Junior Associate in Mumbai

Manager in New Delhi

Financial Associate in Chennai

Business Presentation Specialist in Bangalore / Bengaluru

Senior Process Associate in Bangalore / Bengaluru

McKinsey & Company Senior Associate Salary FAQs

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